Just to make clear, i dont accuse the dev of anything.
The idea is great and value should had gained much more if handled correct.
In any case, this price drop cant be described to just bad pr.
There has been no bad news and dev has delivered as promised.
My simple hunch .... this coin is deliberately beeing destroyed.
I watched the order book and they dont stop pushing the price down.
Once they killed it we will see a clone launch but better prepared.
cough cough... IE.. cough..
The dude has made it clear that he doesn't like craigscoin and that it is a "bad investment", and he is the type of guy who likes to "prove" his points by any means possible and has done so in the past (he would repeatedly buy and sell mintcoin at a lower price than he bought it at, just to drive down the price of "competition").